Shivashrit Foods Ltd.

The major raw material used in manufacturing of potato flakes are Potatoes. We procure potatoes directly fromfarmers, third party suppliers and traders. The peak season for procurement of potatoes is December to March,which is harvesting season. Our company procures appx. 80% - 90% of annual requirement of potatoes duringpeak season. We have direct access to the farmers in the radius of 200 kilometers from our manufacturing unit.This extensive network of farmers enables us to ensure a steady supply of high-quality potatoes. We work closelywith the farmers to uphold strict quality standards at every stage of production, from planting to harvesting, bymaintaining end - to end oversight of the procurement process. Thus, we ensure that the freshest and highestquality of the potatoes are delivered to our processing facilities. We offer competitive pricing and timelypayments, ensuring that farmers are rewarded for their hard-work.

Projects

1. Project Name: Capital Expenditure (“Expansion Project”)

Project Cost: 263

2. Project Name: Working Capital Requirement for Expansion Project

Project Cost: 190